Question: I need the solution step by step What Eva.Inc is expanding and needs $ 11 million to help fund this growth. The from will raise
I need the solution step by step What Eva.Inc is expanding and needs $ 11 million to help fund this growth. The from will raise the needed amount through a new stock issue. The offering price will be $ 20 a share Legal, auditing and filing fees will total $3.50, 000. The underwriters have agreed to a 6 percent speed. There is no green shoe option. How many shares of stock must the firm sell in order to net $11 million from the offering? Round your final answer to the nearest whole number. 482.979 shares 402.482 shares 563.475 shares 362.234 shares 281.738 shares
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